Rights and obligations associated with electoral political campaign financing

1. An independent campaigner (hereinafter: ‘an independent participant’) shall have the following rights and obligations:

1) to engage in electoral political campaigning at own discretion;

2) to finance the electoral political campaign from the sources of financing specified in this Code;

3) to keep accounts of the funds allocated to the electoral political campaign;

4) to acquire, in its own name, property obligations in respect of the expenses of the electoral political campaign;

5) to submit reports, their annexes and documents to substantiate all the income and expenses;

6) to pay the arrears associated with the electoral political campaign.

2. A representative campaigner (hereinafter: a ‘representative participant’) shall be free from the rights and obligations set out in paragraph (1), points (2) to (6); an independent participant who had nominated the representative participant for registration shall act on behalf of the latter.

3. An electoral political campaign account shall be an account opened by an independent participant of an electoral political campaign at a bank registered in the Republic of Lithuania or in a branch of a bank of another Member State of the European Union or a country of the European Economic Area operating in the Republic of Lithuania, provided the account is used exclusively for keeping and accumulation of the funds allocated for the electoral political campaign and for covering the expenses of the electoral political campaign.